Paper ID: 2310.05932
A Multi-Agent Systems Approach for Peer-to-Peer Energy Trading in Dairy Farming
Mian Ibad Ali Shah, Abdul Wahid, Enda Barrett, Karl Mason
To achieve desired carbon emission reductions, integrating renewable generation and accelerating the adoption of peer-to-peer energy trading is crucial. This is especially important for energy-intensive farming, like dairy farming. However, integrating renewables and peer-to-peer trading presents challenges. To address this, we propose the Multi-Agent Peer-to-Peer Dairy Farm Energy Simulator (MAPDES), enabling dairy farms to participate in peer-to-peer markets. Our strategy reduces electricity costs and peak demand by approximately 30% and 24% respectively, while increasing energy sales by 37% compared to the baseline scenario without P2P trading. This demonstrates the effectiveness of our approach.
Submitted: Aug 21, 2023